(5 years, 1 month ago)
Commons ChamberWe are committed to supporting the UK defence manufacturing industry. On 14 March, the Government provided an update to Parliament on our ambitious defence prosperity programme, which includes work to sustain an internationally competitive and productive UK defence sector. In 2017-18, the MOD spent £18.9 billion with UK industry and commerce, directly supporting 115,000 jobs.
I thank the Minister for his response, but last week the former head of MI6, Sir John Sawers, said that the deal for Cobham, which is being taken over by Advent, the private equity company, should be blocked. The Business Secretary said that there would be guarantees, but we know that in the case of GKN and Melrose, those guarantees were worthless. If the US President can say that the US automotive industry is a concern that should be protected for national security, what sort of protections do we have in place for our industry?
The hon. Gentleman makes a really important point about protecting our sovereign capability and I take that incredibly seriously, as someone who worked previously in QinetiQ, in the UK aerospace sector. The issue with Cobham is ongoing. It is currently before the relevant Department in Whitehall. We have made our internal submissions on that and I therefore cannot comment on that particular issue. It is important that we maintain and keep our sovereignty, where that is viewed as necessary for our future, but we should also not forget that the reason we are the second biggest aerospace exporter in the world is that we take an international consortium attitude towards it.